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PARIS— French energy giant Total SA says its net profit slid 4 percent in the second quarter as higher production helped offset a steep drop in the price of oil. Total on Wednesday reported a net profit of $2.97 billion, down from $3.1 billion a year earlier. Underlying replacement cost profit, which strips out one-time items and changes in the value of inventories,...

NEW YORK, July 24- French oil major Total S.A. is selling a 50 percent stake in its sole U.S. refinery in Port Arthur, Texas, and has retained investment bank Lazard to advise on the deal, according to a source familiar with the matter. Lazard and Total both declined to comment. In June, Exxon Mobil Corp and Petroleos de Venezuela SA sold their 192,500 bpd Chalmette,...

The joint declaration issued by six European oil and gas majors was cautiously embraced by the United Nations, which will host negotiations this December in Paris aimed at designing a plan to cut the fossil fuel emissions that scientists blame for rising temperatures. Total SA, Statoil, BP Plc, Royal Dutch Shell Plc, Eni and BG Group Plc called for "decisive action"...

April 30- Solar panel makers SunPower Corp and First Solar Inc reported a quarterly loss, compared with a year-earlier profit, as they sold fewer power plants ahead of a spinoff of some of their assets into a joint public entity. SunPower and First Solar said in February that they would spin off some of their power plants into a limited partnership called 8 point3...

April 16- Solar panel maker SunPower Corp said it would partner with Apple Inc to build two solar power projects in China's Sichuan province with total capacity of 40 megawatts. The projects, when complete, will be co-owned by Apple and Sichuan Shengtian New Energy Development Co Ltd, SunPower's project development joint venture. SunPower and longstanding...

SYDNEY, April 14- Papua New Guinea's National Petroleum Company said it is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue from a plunge in prices for the commodities. While prospects for new liquefied natural gas developments globally have been hammered by the...